Special report: Thursday Update
Into Thursday, we've seen a very clear run in the US Dollar that's also been accompanied by a downturn in the US equity market. The price action is significant. In today’s update we highlight two reasons why the price action is significant and what this could mean for the US Dollar going forward.
Next 24 hours: A Day of Consequence
While Thursday price action wasn't much about economic data, it was a day of consequence, as market participants were reminded of some of the traditional overhangs in the global economy, with a specific reference to the impact of rising US yields as the Fed moves further into its policy normalization.